One of the energy sector’s biggest lenders, the European Investment Bank, recently decided to cease all dealing with the fossil fuel industry and focus entirely on renewable energy.
Tag: European Investment Bank
Another Nail in the Coffin for Fossil Fuels
The European Investment Bank, the world’s largest multilateral development bank, is soon to end lending money to organizations associated with fossil fuels. What happens when capital dries up? The entire industry slides inexorably into oblivion. Fossil fuels made the 20th …
